The HFA Preferred program offers up to 6% of the loan amount towards your down payment in any Arizona county except for Pima. Income limitations and debt ratio limitations apply. You do not need to be a First-Time Homebuyer but must meet minimum FICO score and conventional guideline requirements. Maximum purchase price cannot exceed $371,936.


The HFA has created this program for individuals or families that want down payment assistance but can qualify for a conventional mortgage. The 0-5% assistance is a grant that is combined with a minimum 3% down first loan on a 30 year fixed rate mortgage. Financing for these loans are available on new or existing homes, condos, or townhouses.

Contact a licensed housing specialist now!



  • Buyers must have a minimum FICO score of 640 and a maximum 50% debt-to-income (DTI) ratio.
  • Standard loan guidelines exist for qualification (i.e.: adequate income, acceptable credit, and down payment requirement).
  • No first-time homebuyer requirement.
  • Maximum Credit Qualifying Income: $92,984.
  • All buyers must attend a homebuyer education course, obtain a certificate of completion.
  • You can own another home to qualify for this program.
  • An additional 1% grant applies for Veterans and Active Military.